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Angela List In Trouble Over Alleged Company Funds Embezzlement

Prosper AGBENYEGA by Prosper AGBENYEGA
August 5, 2025
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Angela List, the embattled CEO of Adamus Resources Limited and self-proclaimed director of BCM Ghana Limited, is facing a fresh wave of damning allegations that threaten to further damage her already controversial reputation within Ghana’s mining and business sectors.

In a petition filed with the Economic and Organised Crime Office (EOCO), businessman Michael Benziecie accuses List and her associate, Rebecca Donkor, of defrauding him of $100,000 under the guise of granting access to a lucrative mining concession.

Benziecie claims the deal was brokered after a personal introduction to List by the Chief Executive Officer of the Minerals Commission, Mr. Martin Ayisi.

According to the complaint, Benziecie paid $100,000 in two tranches—$50,000 on March 19 and another $50,000 thereafter—after being promised access to a site near Adamus’s operations.

The arrangement reportedly included a 20% stake in the venture, divided between List (15%) and Donkor (5%).

But despite submitting all required documentation and receiving assurances from List herself at a meeting in East Legon, Benziecie was barred from the site by security forces.

To his shock, the same land was later discovered to have been reallocated to another group led by one Kojo Bumba, in a separate deal allegedly involving another $100,000 payment facilitated by Axim MP, Catherine Afeku.

Benziecie’s efforts to seek redress from the Takoradi Police and the Minerals Commission have so far proved unsuccessful.

The scandal deepens Angela List’s legal and ethical troubles, which have grown beyond mere business disputes.

In a separate and equally troubling development, List is being accused of orchestrating violent takeovers of multiple properties belonging to BCM Ghana Limited—a company with which she has long-standing legal disputes. On Saturday, February 8, 2025, armed land guards reportedly acting on her instructions launched coordinated attacks on BCM sites at Spintex, Tema Motorway Industrial Area, and Borteyman. Surveillance cameras were destroyed, and security personnel were physically assaulted during the takeovers.

An attempted assault on BCM’s Cantonments headquarters was repelled by vigilant company security.

These incidents follow a history of contentious legal battles between List and BCM, including a case involving a property at Airport that she allegedly transferred to a shell company without proper authorization.

The company has since reported her to the Criminal Investigations Department (CID) of the Ghana Police, urging authorities to investigate what it describes as a pattern of fraudulent and violent behavior.

In an official statement, BCM Ghana Limited warned the public against engaging in any business transactions with Angela List regarding company-owned properties, stressing that such dealings are at the individual’s own risk.

“BCM Ghana Limited remains committed to protecting its assets through lawful means,” a company spokesperson stated. “We urge all stakeholders and the general public to exercise maximum caution.”

Meanwhile, EOCO has confirmed receipt of Benziecie’s petition, but both the Minerals Commission and Adamus Resources Limited have yet to respond to the growing allegations, leaving many to question the level of protection and impunity some business executives may enjoy.

As the heat intensifies around Angela List, what began as a business deal gone wrong may be unraveling into a scandal of national proportions, raising serious concerns about corruption, abuse of power, and the manipulation of Ghana’s regulatory systems.

Tags: Angela List
Prosper AGBENYEGA

Prosper AGBENYEGA

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